Kesler Norman & Wride LLC Invests $629,000 in iShares U.S. Energy ETF $IYE

Kesler Norman & Wride LLC acquired a new stake in iShares U.S. Energy ETF (NYSEARCA:IYE) in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 9,707 shares of the company’s stock, valued at approximately $629,000.

Several other large investors have also bought and sold shares of IYE. BNP Paribas Financial Markets raised its position in iShares U.S. Energy ETF by 936.5% in the second quarter. BNP Paribas Financial Markets now owns 217,548 shares of the company’s stock worth $9,838,000 after acquiring an additional 196,559 shares in the last quarter. WealthCare Asset Management LLC bought a new position in shares of iShares U.S. Energy ETF during the 1st quarter valued at about $8,408,000. Goldman Sachs Group Inc. boosted its position in shares of iShares U.S. Energy ETF by 14.3% during the 4th quarter. Goldman Sachs Group Inc. now owns 722,662 shares of the company’s stock valued at $34,348,000 after purchasing an additional 90,366 shares in the last quarter. Three Seasons Wealth LLC acquired a new position in shares of iShares U.S. Energy ETF in the 1st quarter worth approximately $4,190,000. Finally, Gerald Baker Financial Group LLC bought a new stake in shares of iShares U.S. Energy ETF in the 1st quarter worth approximately $3,969,000. Institutional investors own 52.46% of the company’s stock.

iShares U.S. Energy ETF Price Performance

IYE stock opened at $61.25 on Friday. The firm has a market cap of $1.68 billion, a PE ratio of 15.53 and a beta of 0.44. iShares U.S. Energy ETF has a 12 month low of $44.78 and a 12 month high of $67.07. The firm has a 50 day simple moving average of $59.92 and a 200 day simple moving average of $58.30.

About iShares U.S. Energy ETF

iShares U.S. Energy ETF (the Fund), formerly iShares Dow Jones U.S. Energy Sector Index Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance of the Dow Jones U.S. Oil & Gas Index (the Index). The Index measures the performance of the oil and gas sector of the United States equity market, and includes companies in industry groups, such as oil and gas producers, and oil equipment, services and distribution. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.